Nigeria Trade Indicators

2020
Country / Region
Year
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.
Number of Import Partners: 197
Number of Products Imported: 3,994
Index Of Export Market Penetration: 3.52
Number of Export Partners: 115
Number of Products Exported: 359
HH Market Concentration Index: 0.06
Import value index (2000 = 100): 79.95
Import volume index (2000 = 100): 78.95
Goods imports (BoP, current US$): 52,345,924,543.00
Trade (% of GDP): 16.35
Net trade in goods (BoP, current US$): -16,401,761,979.12
Export value index (2000 = 100): 70.96
Export volume index (2000 = 100): 86.08
Goods exports (BoP, current US$): 35,944,162,563.88
Merchandise trade (% of GDP): 16.51
Net barter terms of trade index (2000 = 100): 81.40
Service imports (BoP, current US$): 19,832,514,705.25
Imports of goods and services (% of GDP): 8.23
Imports of goods and services (annual % growth): -61.94
Imports of goods and services (BoP, current US$): 72,178,439,248.25
Imports of goods and services (constant 2010 US$): 35,671,154,741.96
Imports of goods and services (current US$): 35,586,722,061.46
Imports of goods, services and primary income (BoP, current US$): 78,647,293,807.99
International tourism, expenditures (% of total imports): 9.16
Commercial service imports (current US$): 19,597,958,219.37
Transport services (% of commercial service imports): 27.24
Insurance and financial services (% of commercial service imports): 6.50
Travel services (% of commercial service imports): 28.31
Travel services (% of service imports, BoP): 27.98
Transport services (% of service imports, BoP): 26.91
ICT service exports (BoP, current US$): 163,385,056.53
Computer, communications and other services (% of commercial service exports): 6.13
Energy imports, net (% of energy use): ...
Trade in services (% of GDP): 5.51
High-technology exports (current US$): 190,326,678.00
ICT goods exports (% of total goods exports): ...
Merchandise imports (current US$): 35,740,000,000.00
Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports): 35.91
Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports): 2.51
Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports): 0.28
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports): 5.49
Merchandise imports by the reporting economy (current US$): 41,422,462,072.00
Service exports (BoP, current US$): 3,993,012,590.25
Exports of goods and services (% of GDP): 8.12
Exports of goods and services (annual % growth): -33.35
Exports of goods and services (BoP, current US$): 39,937,175,154.13
Exports of goods and services (constant 2010 US$): 48,183,320,158.17
Exports of goods and services (current US$): 35,087,257,884.82
Exports of goods, services and primary income (BoP, current US$): 41,639,047,639.50
International tourism, receipts (% of total exports): 0.80
Commercial service exports (current US$): 3,532,610,325.20
Transport services (% of commercial service exports): 58.12
Insurance and financial services (% of commercial service exports): 26.89
Travel services (% of commercial service exports): 8.87
Travel services (% of service exports, BoP): 7.85
Transport services (% of service exports, BoP): 51.42
ICT service exports (% of service exports, BoP): 4.09
Communications, computer, etc. (% of service imports, BoP): 38.69
Net trade in goods and services (BoP, current US$): -32,241,264,094.12
Computer, communications and other services (% of commercial service imports): 37.96
High-technology exports (% of manufactured exports): 6.94
ICT goods imports (% total goods imports): 3.23
Merchandise imports from high-income economies (% of total merchandise imports): 41.43
Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports): 27.37
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports): 1.17
Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports): 4.58
Merchandise imports by the reporting economy, residual (% of total merchandise imports): 17.18
Merchandise imports from low- and middle-income economies within region (% of total merchandise imports): 5.49
Taxes on exports (% of tax revenue): ...
Taxes on goods and services (% of revenue): ...
Taxes on goods and services (current LCU): ...
Taxes on international trade (current LCU): ...
Taxes on exports (current LCU): ...
Taxes on goods and services (% value added of industry and services): ...
Taxes on international trade (% of revenue): ...
Customs and other import duties (% of tax revenue): ...
GDP (constant 2010 US$): 500,232,410,862.67
GDP (current US$): 432,198,936,002.18
GDP growth (annual %): -1.79
GDP per capita (constant 2010 US$): 2,401.18
GDP per capita (current US$): 2,074.61
GDP per capita growth (annual %): -4.16
GDP per capita, PPP (constant 2011 international $): 4,865.09
GDP per capita, PPP (current international $): 5,137.60
GDP, PPP (constant 2011 international $): 1,013,530,914,845.45
GDP, PPP (current international $): 1,070,302,543,032.84
GNI (constant 2010 US$): 482,875,443,745.20
GNI (current US$): 416,429,693,674.61
GNI growth (annual %): -2.32
GNI per capita (constant 2010 US$): 2,317.87
GNI per capita, Atlas method (current US$): 2,060.00
GNI per capita growth (annual %): -4.67
GNI per capita, PPP (constant 2011 international $): 4,684.51
GNI per capita, PPP (current international $): 4,950.00
GNI, PPP (constant 2011 international $): 975,912,244,739.85
GNI, PPP (current international $): 1,031,251,405,329.87